Buck Institute Receives $10 Million in Gifts, Appoints New CEO

Buck Institute Receives $10 Million in Gifts, Appoints New CEO

The in Novato, California, has announced gifts totaling $10 million from members of its board of trustees.

The gifts will bolster the institute's work in aging research and on novel therapeutic interventions by enabling it to hire additional faculty, fund upgrades to laboratories and equipment, and invest in new scientific collaborations. The funding also will support the hiring of Eric M. Verdin, a world-renowned expert on aging research, as the institute's president and CEO.

Verdin, a professor of medicine at the , joins the institute from the , where he served as associate director and senior investigator, with a focus on the role of metabolism and diet in aging as well as the chronic diseases of aging, including Alzheimer's. A native of Belgium, he received his doctorate from the and additional clinical and research training at .

"Today marks a true milestone at the Buck and an incredible investment in our future," said Buck Institute board chair Larry Rosenberger. "The appointment of Eric to head this institute reinforces our position as a leading player on the world's scientific stage and will enable us to expand upon the Buck's global leadership in geroscience. I would characterize the $10 million funding commitment by our board of trustees and the hiring of Eric as the basis for creating our future."

"." Buck Institute for Research on Aging 11/18/2016.